Top 10 wine brands 2015 7th April, 2015 by Gabriel Stone Brand owner: Treasury Wine Estates Head office: Regal House, 70 London Road, Twickenham, Middlesex TW1 3QS, UK Tel: +44 (0)20 8843 8411 Global Marketing Director: Michelle Terry Address: 58 Queensbridge Street, Southbank, Melbourne, VIC 3006, Australia Product range: Cawarra, Bin Series, Regionals, Winemaker’s Discovery Volume 2013: 7.2m 9l cases Volume 2014: 8.1m 9l cases Another brand highlighted by its owner Treasury Wine Estates as a flagship focus for “driving consumer demand”, Lindeman’s has a proud history dating back to 1843, when Dr Lindeman planted his first vines in Hunter Valley. In a bid to highlight this heritage, last year saw the brand announce an overhaul of its logo and packaging, across the range, as well as the creation of a more “vibrant and appealing” colour scheme for the Lindeman’s Bin Series. Distributed in 22 countries, Lindeman’s claims the title of number one selling Australian wine brand in Canada, Sweden, the Netherlands and Norway.

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The Global Malbec Masters 2016 the drinks business is proud to announce the inaugural Global Malbec Masters 2016.TORONTO — The Ontario Teachers’ Pension Plan has agreed to pay $1.03 billion for the Canadian wine business of Constellation Brands, one of the country’s top wine sellers, with seven of market’s Top 20 brands and a network of retail outlets in Ontario. The deal comes less than two weeks before new rules governing alcohol sales in Ontario — which will make wine available in selected grocery stores — begin to take effect. Constellation’s Canadian brands include Inniskillin and Jackson-Triggs; Teachers’ will also continue to distribute the company’s international brands, such as California’s Robert Mondavi and New Zealand’s Kim Crawford, according spokeswoman Deborah Allan. Jane Rowe, senior vice-president of private capital at Teachers’, said the wine business is an “ideal” addition to the pension fund’s consumer portfolio.

“Constellation delivers stable and predictable cash flows and provides us with an excellent investment platform in this growth industry,” she said in a statement. Jay Wright, the chief executive of Constellation Brands Canada, said Teachers’ involvement would allow the wine company to get to “the next level” strategically. “Their financial commitment and considerable expertise in helping their portfolio companies achieve meaningful strategic market advantages set the stage for an exciting partnership,” he said in a statement. Headquartered in Mississauga, Ont., Constellation Brands Canada has three commercial wineries, five estate wineries, and operates 163 Wine Rack retail stores that sell domestic wines throughout Ontario. The way the retail stores do business could shift in the coming months as the Ontario government begins ushering in the sale of wine in up to 70 grocery stores, including Loblaws, Metro and Sobeys, on Oct. 28. As many as 300 supermarkets could eventually sell wine as the province lifts restrictions that largely limit wine sales to Liquor Control Board of Ontario outlets and winemaking stores.

Wine retail stores like the Wine Rack, which are often located in grocery stores but beyond the checkout counter, may be expanded within some supermarkets as part of the program. This change could include having a shared checkout counter for wine and groceries. Allan, the Teachers’ spokeswoman, declined to comment on the impact of the imminent changes on the Constellation Brands business, noting that the purchase of the Canadian operations from the publicly traded parent company has not yet closed. Victor, NY-based Constellation Brands, which also has operations in the U.S., Mexico, New Zealand, and Italy, was mulling an initial public offering of part of its Canadian wine business earlier this year, but opted instead to sell the business to the Ontario pension. Cowen and Company analysts Vivien Azer and Gerald Pascarelli said the sale was positive for parent Constellation Brands because the U.S.-based firm “will now be free of these lower margin assets and will continue to focus on more premium, margin-accretive offerings.”

Joe Agnese, an equity analyst at New York-based research firm CFRA, said the Canadian business is lower margin and growing at a slower rate than Constellation’s overall business, which includes beer. But he said the Canadian wine business is growing at a faster rate than the wine and spirits business in the United States. “That’s one good aspect of that business. It’s a very strong business,” Agnese said in an interview. “There’s eight wineries, about 1,700 acres of Canadian vineyards, and all the offices and parts of the business that are in Canada are associated with the sale.” In a research note, he said the transaction, which is expected to close by the end of the year, is “fairly priced” and reflects an enterprise value of 12 times projected 2017 earnings (before interest, taxes, depreciation and amortization). On the same day the deal was unveiled, Teachers’ announced an executive change prompted by the departure of longtime senior executive Wayne Kozun, the plan’s senior vice-president of public equities.